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Prime Investment Opportunity, Own a landmark commercial business in the heart of Waterloo's thriving university district, presenting a rare opportunity to acquire a well-established business and income-producing commercial asset in the highly sought-after University Plaza, directly serving the vibrant communities of the University of Waterloo and Wilfrid Laurier University.Surrounded by thousands of students, faculty members, professionals, and local residents, this prime location enjoys exceptional visibility, consistent foot traffic, and strong year-round consumer demand. Prime location in Waterloo's premier university commercial district Established supermarket with a loyal customer base and strong local reputation Fully equipped and operational, ready for seamless ownership transition Excellent accessibility with ample parking and convenient transit connections Ideal for owner-operators or investors seeking stable long-term value Reliable Rental Income In addition to the supermarket operation, the property features several established tenants, including: A vape retail store An arcade entertainment venue A Chinese restaurant These leased spaces generate approximately CAD $13, 000 in monthly rental income, providing immediate, stable cash flow while enhancing the property's overall investment performance. Located in one of Waterloo's strongest and most resilient retail markets Supported by two internationally recognized universities with a large, year-round customer base Multiple income streams through both business operations and rental revenue Strong long-term appreciation potential driven by continued population growth and commercial development Whether you are an experienced investor, an entrepreneur looking to expand your portfolio, or an owner-operator seeking a flagship location, offers an exceptional combination of stable income, operational potential, and long-term capital appreciation. (id:58753)
University and Phillip
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 2930 NOTRE DAME DRIVE | 4 | 5 | Jul 10, 2026 | $3,679,900 |
| 685 MEADOWSWEET AVENUE | 5 | 5 | Jul 12, 2026 | $2,800,000 |
| 45 Fifth Avenue, Kitchener ON N2C 1P5 | 4 | 2 | Jul 02, 2026 | $599,900 |
| 22 Charles Street, St. Clements ON N0B 2M0 | 3 | 2 | Jul 01, 2026 | $849,900 |
Discover key demographics, population statistics, and environmental insights for the Waterloo, ON area.
74/100
Very Walkable
Walk Score ®
69/100
Good Transit
Transit Score ®
98/100
Biker's Paradise
Bike Score ®
Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.
18 nearby routes: 17 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 41/100, Bike Score: 61/100.
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0 bds • 0 ba • 0 sqft
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5-140 University Avenue W, Waterloo ON N2L 6J3
bds • 0 ba • 5467 sqft
140 UNIVERSITY AVENUE W
5 bds • 2 ba • sqft
402 - 253 LESTER STREET
5 bds • 2 ba • sqft
#104 - 253 LESTER STREET
5 bds • 2 ba • 1158 sqft
253 LESTER Street Unit# 402
0 bds • 0 ba • sqft
111-280 Lester Street, Waterloo ON N2L 0G2
bds • 0 ba • 810 sqft
280 LESTER Street Unit# 111
bds • 1 ba • 810 sqft
111 - 280 LESTER STREET
3 bds • 3 ba • sqft
308 - 280 LESTER STREET
bds • 0 ba • 926 sqft
105&106 - 250 ALBERT STREET
3 bds • 2 ba • 842 sqft
330 PHILLIP Street Unit# N1601
3 bds • 2 ba • 858 sqft
330 PHILLIP Street Unit# N2601
4 bds • 2 ba • sqft
285 ALBERT STREET W
bds • 2 ba • sqft
3 - 330 PHILLIP STREET
3 bds • 2 ba • sqft
CP 523 - 330 PHILLIP STREET
2 bds • 2 ba • sqft
C523 - 330 PHILLIP STREET
3 bds • 2 ba • sqft
C533 - 330 PHILLIP STREET
5 bds • 3 ba • sqft
103 - 288 ALBERT STREET
4 bds • 3 ba • sqft
104 - 288 ALBERT STREET
Source: Realty.com
140 UNIVERSITY Avenue W Unit# 2 5, Waterloo, ON N2L6J3 in Waterloo, ON N2L6J3 is a other listed at $750,000. Realty.ca has 35 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 35 photos of 140 UNIVERSITY Avenue W Unit# 2 5.
The full address for this home is 140 UNIVERSITY Avenue W Unit# 2 5, Waterloo, ON N2L6J3.
140 UNIVERSITY Avenue W Unit# 2 5 has been listed on Realty.com since Sat July 11, 2026
Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 41/100, Bike Score: 61/100.
Listing provided courtesy of:
Royal LePage Peaceland Realty
Listing agent:
Li Zhang
This content last refreshed on 2026-07-26 19:11:27. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.